This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Casey Communications recently issued new common shares and used the proceeds to pay off some of its ... (Read 19 times)

jordangardner

  • Full Member
  • ***
  • Posts: 145
on: Aug 7, 2023
Casey Communications recently issued new common shares and used the proceeds to pay off some of its accounts payable. This action had no effect on the company’s total assets or operating income. What would occur as a result of this action?

◦

The company’s current ratio would decrease.


◦

The company’s quick ratio would increase.


◦

The company’s equity multiplier would increase.


◦

The company’s debt ratio would increase.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jordangardner on Aug 7, 2023

rika06@comcast.net

  • Full Member
  • ***
  • Posts: 161
Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


jordangardner

  • Member
  • Posts: 145
Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review

marict

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Common Shelduck (Tadorna tadorna) is a waterfowl species shelduck genus Tadorna - Breeding male Common Shelduck (Tadorna tadorna) is a waterfowl species shelduck genus Tadorna - Breeding male
Interior nodes represent common ancestors Interior nodes represent common ancestors
Common marmoset (Callithrix jacchus) Common marmoset (Callithrix jacchus)
Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common
The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
Common spinal disfigurements. Common spinal disfigurements.
Video: Elementary kinetics

For a complete list of videos, visit our video library